AvidXchange Holdings, Inc.

NasdaqGS AVDX

AvidXchange Holdings, Inc. EBITDA Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 11.75%

AvidXchange Holdings, Inc. EBITDA Margin is 11.75% for the Trailing 12 Months (TTM) ending September 30, 2024, a 352.77% change year over year. EBITDA Ratio is the proportion of Earnings Before Interest, Taxes, Depreciation, and Amortization to total revenue, assessing a company's operational profitability before non-operating expenses and non-cash charges.

AvidXchange Holdings, Inc. EBITDA Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was -4.65%, a 86.06% change year over year.
AvidXchange Holdings, Inc. EBITDA Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was -33.34%, a 31.77% change year over year.
AvidXchange Holdings, Inc. EBITDA Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was -48.87%.

Key data

Date	EBITDA Margin	EBIT Margin	Depreciation and Amortization	EBIT

NasdaqGS: AVDX

AvidXchange Holdings, Inc.

CEO	Mr. Michael Praeger
IPO Date	Oct. 13, 2021
Location	United States
Headquarters	1210 AvidXchange Lane
Employees	1,600
Sector	Technology
Industries Software-as-a-Service (SaaS)

Description

AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and cash flow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners. It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina.

Key trends

Past 5 years